1214 Logan Avenue – Property Summary
Key Characteristics & Buyer Suitability
This is a 700 sqft home built in 1945, sitting on a 3,903 sqft land parcel in Winnipeg’s Weston area. The property’s assessed value is $167,000.
Where the appeal lies: The standout feature here is the land. At nearly 3,900 sqft, the lot is above average for the neighbourhood (top 27%) and sits right around the median for the street. In an area where many homes are on smaller plots, this gives you more outdoor space, potential for future additions, or just room to breathe. The home itself is smaller than typical—both on this street and city-wide—which keeps the entry price low. The assessed value is close to street and neighbourhood averages, suggesting it’s priced in line with local comparables, not overreaching. The year built (1945) is also typical for the area, meaning you're not dealing with an unusually old or poorly maintained structure compared to nearby homes.
What type of buyer it would suit: This property is a natural fit for buyers who prioritize lot size over finished square footage. Think of someone looking for a starter home with room to expand, a renovator who wants to add square footage on an already generous lot, or an investor who sees value in land that outperforms the neighbourhood average. It may also appeal to buyers who appreciate older, established neighbourhoods and are comfortable with a smaller interior footprint. It's less suited for someone who needs a large, move-in-ready home or who prioritizes a newer build.
Five Possible FAQs
1. The living area is below average—how does that affect livability or resale?
It depends on your needs. At 700 sqft, this is a compact home, smaller than most in Weston and much smaller than the city average. For a single person, couple, or small family, it may be perfectly functional. For resale, the small footprint is a known factor, but the larger lot offsets this somewhat—future buyers might see it as a property they can add to. The low price relative to city-wide averages also keeps it accessible.
2. The land area is above average for the neighbourhood but below average city-wide. Why does that matter?
The city-wide average includes many newer suburban lots that are much larger, so that comparison is less relevant for an inner-city property like this. What matters more is that within Weston, this lot is in the top 27%—meaning it offers more outdoor space than most nearby homes. That’s a practical advantage for gardening, parking, or future development, and it sets the property apart from others on the street.
3. How does the assessed value of $167k compare to the actual market?
Assessed value is a municipal estimate, not a market price, but it gives a ballpark. On this street, the average assessed value is $187.8k, and in Weston it's $184.7k—so this home is assessed a bit lower than the local norm. That aligns with its smaller living area. It doesn’t guarantee a low sale price, but it suggests the property isn't overvalued compared to nearby comparables.
4. The year built is 1945. Are there any common issues with homes from this era?
Homes from the 1940s often have solid bones but may have outdated systems—think original wiring, plumbing, insulation, or windows. It’s typical for the street and neighbourhood, so it’s not a red flag, but you should budget for updates. Many homes of this vintage have been partially renovated; it’s worth checking what’s original and what’s been replaced.
5. What does the “Top X%” ranking mean in the data?
It shows how this property compares to similar homes within a given area. For example, “Top 27% for land area in Weston” means it has a larger lot than about 73% of nearby homes in the same neighbourhood. The percentage is based on rank, so a higher rank (lower percentage) is better for desirable traits like lot or living area. The bar length visually represents how many peers it outperforms.